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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (18787)5/6/2002 10:28:32 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi CB, <<Jay ... can confirm that China has adopted #1>>

Yes, #1 for now, and gravitating towards #2. #3 is left as a consequence, as long as it is devaluing.

<<how it works for China>> at the 37th floor level, and so far so good.

<<My impression is that foreign capital does not move freely into or out of China>> more freely in and not at all freely out unless Jay & Co is hired, but most capital is here not really by free will, but compelled to, in order to stay in business.

<<buying Chinese stock ... gorge project>> BTW, not a good idea.

<<freely bought and sold on the US stock exchange, but whether that is the same as moving freely into and out of China ...>> close enough for government work for now.

Chugs, Jay



To: Ilaine who wrote (18787)5/6/2002 11:05:47 AM
From: smolejv@gmx.net  Read Replies (2) | Respond to of 74559
 
>>Think Maastricht Treaty. << correct example but wrong interpretation. The sovereignities of member states were transferred onto the union. You see #1 as something separate from the rest. I see your points 2 and 3 as substrates of #1.

Btw, you talk / think about European Union as a slave ship - in my mind's eye I see Maggie Thatcher proclaiming "we'll fight on the beaches, we'll fight in the bed rooms...". Man, does Europe really make such a stupid impression?! Well, may be it's just the normal knee-jerk libertarian reaction;